About Rootstock Infrastructure Framework

Built to compliment Bitcoin, not compete with it. RIF is designed to accelerate the adoption of Rootstock, Bitcoin’s DeFi Layer by powering incentives, infrastructure and interoperability. RIF is the easiest way for anyone to shape and share in the success of Bitcoin DeFi. RIF powers community rewards, governance and grants, on RootstockCollective, the home of the community on Rootstock. RIF underpins key infrastructure powering Bitcoin DeFi on Rootstock including USDRIF, a censorship resistant stablecoin and RNS for simplifying wallet addresses. RIF gives the wider world of Web3 exposure to the success of Bitcoin DeFi on Rootstock through availability on the top exchanges, leading chains and largest dApps.

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£0.0279

Trading Insights

Market Stats

Market Cap

£27.90M

2.51%

FDV

£27.90M

Circ. Supply

1B RIF

Max Supply

1B RIF

Total Supply

1B RIF

Diluted Valuation

£27.91M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

£605.08K

26.87%

Volume (7D)

£6.44M

Volume (30D)

£17.28M

All time high

£0.3470

Price Change (1Y)

Not enough data

10.11%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The price of Rootstock Infrastructure Framework has increased by 0.07% in the last hour and decreased by 2.61% in the past 24 hours. Rootstock Infrastructure Framework’s price has also risen by 13.22% in the past week. The current price is £0.0279 per RIF with a 24-hour trading volume of £605.08K. Currently, Rootstock Infrastructure Framework is valued at 91.97% below its all time high of £0.3470. This all-time high was the highest price paid for Rootstock Infrastructure Framework since its launch.

The current circulating supply of Rootstock Infrastructure Framework is 1,000,000,000 RIF which means that Rootstock Infrastructure Framework has as total market cap of £27,899,671.87.

Market details

RIF vs markets

↗ 0.1%

RIF vs BTC

↗ 3.7%

RIF vs ETH

↘ 19.29%

Tags

services

filesharing

payments

depin

+1

Network & Addresses

Network
Address

RSK

0x2acc95758f8b5f583470ba265eb685a8f45fc9d5

Ethereum

0x01b603be3D545F096015741e6503440282BF45fb

Solana

AAeENcfHbTExuTvs4q7r9Bjax98Dg6BGX3aMph4bTLdK

Arbitrum

0xe5e851b01DD3Eda24FDe709a407dB44555B6d1E0

Price history

Time
Price
Change
Today
£0.0279
-2.61%
1 Day
£0.0286
-2.61%
1 Week
£0.0243
+13.22%
1 Month
£0.0238
+13.59%
1 Year
£0.0318
-10.11%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

RSK Infrastructure Framework is an open standard and decentralized infrastructure protocol that aims to enable faster, more efficient, and scalable distribution of applications (DApps) in a unified environment. 

According to the whitepaper, the framework also has its OS to further support users. The RIF OS Framework is an all-in-one, easy-to-use framework for blockchain services and infrastructure that allows developers and organizations to access various services across multiple crypto-economies. In addition to providing broad interoperability, RIF OS Protocols enable faster time-to-deployment and aim to close the gap between blockchain and mass-market adoption. With RIF OS Protocols, the RSK Smart Contract Network creates the Internet of Value as envisioned. 

Besides the OS, the framework has developed many other functioning products, including RNS, RIF, and RSK, to provide users with better facilities. The RNS is a decentralized service that lets users create readable domains and aliases. In addition to identifying personal resources, it can also identify payment and communication addresses. RIF Lumino Network adds a third layer to the Bitcoin blockchain, enabling state channels for each token built on RSK, increasing transaction speeds, and lowering costs by orders of magnitude. Further, to support this operational model, the framework introduced its cryptocurrency, the RIF token. 

RIF is the native token of the RSK Infrastructure Framework ecosystem based on the ERC-677 protocol. The ERC-677 ensures the backend compatibility of the token. With the RIF Token, token holders can consume services that are compatible with RIF’s architecture and can also be used across the RIF’s marketplace.

The RIF Marketplace offers a simplified interface and user experience for various decentralized services. Decentralized applications can seamlessly connect to the outside world using tools and technologies developed by RIF Gateways. This RIF Marketplace is the main component that links all other RIF’s services with their customers and users. Ultimately, the RIF Marketplace aims to enable the fast and efficient creation of decentralized sharing economies (DSEs) on top of RSK and RIF by providing the tools needed to enable all parties to work together. Offerings such as Storage, Payments, Communications, and Data Services, presented through a standard and unified interface, can be listed by providers and made available to users. 

According to the whitepaper, RSK Labs announced the launch of the RSK side-chain protocol, a secure smart contract platform powered by Bitcoin, in December 2016. In May 2017, the Test-net version was released to the public, and in January 2018, the Beta Main-net version was released. In the RSK Infrastructure Framework (RIS) protocol, there is a total supply of 1,000,000,000 RIF tokens. 

We update our Rootstock Infrastructure Framework to GBP currency in real-time. Get the live price of Rootstock Infrastructure Framework on Coinbase.

The current market cap of Rootstock Infrastructure Framework is £27.90M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Rootstock Infrastructure Framework is £0.3470. This all-time high is highest price paid for Rootstock Infrastructure Framework since it was launched.

Over the last 24 hours, the trading volume of Rootstock Infrastructure Framework is £605.083K.

Assets that have a similar market cap to Rootstock Infrastructure Framework include MVL, Memecoin, Snek, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Rootstock Infrastructure Framework is 1 billion.

Social stats

Popularity in posts

#263

Contributors

35

Posts

290

% About Rootstock Infrastructure Framework

0.069%

Articles

0

X (Twitter)

28.67% bullish

Sentiment

4.9 ★

Highlights

35 unique individuals are talking about Rootstock Infrastructure Framework and it is ranked #263 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rootstock Infrastructure Framework has an average sentiment score of 4.9 out of 5. Finally, Rootstock Infrastructure Framework is becoming less newsworthy, with 0 news articles published about Rootstock Infrastructure Framework.

On Twitter, people are mostly neutral about Rootstock Infrastructure Framework. There were 29.18% of tweets with bullish sentiment compared to 1.78% of tweets with a bearish sentiment about Rootstock Infrastructure Framework. 70.82% of tweets were neutral about Rootstock Infrastructure Framework. These sentiments are based on 286 tweets.

On Reddit, Rootstock Infrastructure Framework was mentioned in 2 Reddit posts and there were 2 comments about Rootstock Infrastructure Framework. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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